Today a buddy of mine wanted my opinion on his plan to invest 1 million USD in a startup.
Me : so do you expect a 45% CAGR?
Him : could be 50x in 5 years
Me : nah i’ll pass you need to have higher expectations for ROI. How about you buy 16 #bitcoin instead and check price in 5 years ?
Him: oh man thats crazy
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Replies (2)
Best financial advice in his life🙂
Took everything i had to say either of the following things:
1. Everyone gets #bitcoin at the price they deserve
2. If you dont believe me or dont get it i dont have time to explain it, sorry.